Posts Tagged ‘Stocks’

Sharebuilder helps to build your own portfolio

I started my sharebuilder account last year. I started one few years ago when they just came to the market. I didn’t really build any portfolio since I was new to stock trading and investing. Also I was more into short term trading at that time. No, I fell I should have done it.



 


Anyway, its never late than ever. Sharebuilder is now owned by ING. I like their professional and quality service. They also give good offers. I got an offer thru COSTCO for free $90 to open and fund the ING Sharebuilder account. I funded and bought few stocks. I got

Sharebuilder is not a quick rich trading platform or a online trading service. You can still do all those using their brokerage service but sharebuilder is mainly for a long term wealth building purpose. It works under dollar cost averaging methodology.

What is dollar cost averaging?

You do systematic funding to the account and setup an investment plan to buy equities for that amount in regular intervals. It just purchases those equities/stocks in the setup intervals. If the equity/stock is selling less, it will buy more shares. If its selling high, it will buy less shares for the amount. That way, your average cost of the shares will be average price spent for the stock. It works out well on a long term. Some investment experts really don’t agree with it but it is good way to start investing for longer term.

Here is my small current portfolio in sharebuilder which I started building for last 6 months and its already up 30%.

If you want to start investing and creating your own portfolio, you can do with a free $25 bonus from INGDIRECT.Click here to get the bonus. Hurry up, I only got 5 referrals remaining.

Happy investing!!!

Obama Economy – Stock Picks 2009 – Long Term

Today, the biggest ever stimulus package of $819 billion is been approved by the senate. Its a first victory for Mr. President Obama. He has got of stake in this new stimulus package and we all hope it works. But many analyst thinks with money going to public sector in developing infracture like bridges and so forth. We won’t see the benefit until for 1- 2 years.

Taking that foreword, many analyst are focusing on stocks which has focal point towards infrastructure like Catepillar (CAT), Maintowo (MTW) who all makes some machineries really needed for the infrastructure growth. Also

I would bet my dollar with CAT as they just laid off few thousand and its selling 42% below its high, P/E ratio of 5.83. It also yields 5% dividend which is sweet. In conclusion, its really a good buy as a long term investor (2-3) years.

Another good one, GS – Goldmann Sachs which follows real conservative methods in investing. They performed real well last year and only announced their first loss ever in the last quarter. They will be the first one to pay back the TARP loans. They are selling in 50% discount from 52 week high. A good buy for long run.

Next Healthcare industry. An Industry which is always envyed by others because of its recession proof characterization.  In 2008, the S&P 500 fell 37%, while the healthcare industry fell 24.5%. Some good ones from the bunch are, Johnson&Johnson (NYSE:JNJ), Abbott Laboratories (NYSE:ABT), Merck (NYSE:MRK) and Bristol-Myers Squibb (NYSE:BMY), Pfizer (PFE) and Wyeth.

JNJ was considered a strong company until it got hit by serious of patent cases. Currently, Abbott Laboratories (NYSE:ABT) faces no such issues in its drug portfolio. Further, it experiences strong growth in all of its business segments across the globe. It dropped by only 4% last year. Thus, Abbott’s solid relative performance and its sound operating fundamentals will position it as a leader in the pharmaceutical industry for some time to come.